CMS Energy Corporation's Board of Directors has declared a quarterly dividend on its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C. Shareholders will receive $0.2625 per depositary share, with the payment scheduled for April 15, 2026, to investors registered on the company's books as of April 1, 2026.
The dividend declaration represents the utility company's continued commitment to returning capital to preferred shareholders through regular quarterly distributions. Preferred stock dividends typically provide fixed income streams and are paid before common stock dividends, reflecting their senior position in the company's capital structure.
CMS Energy, a Michigan-based energy utility, maintains multiple classes of preferred stock as part of its overall financing strategy. The 4.200% series represents one of several preferred stock instruments the company uses to maintain a balanced capital structure while providing consistent returns to this segment of its investor base.